How much funding has Fervo Energy raised?

Fervo Energy has raised $1.1B in total funding, most recently a Series E round.

Who are Fervo Energy's investors?

Fervo Energy's investors include B Capital Group, Devon Energy, DCVC (Data Collab), Capricorn Investment Group, Breakthrough Energy Ventures, Google.

When was Fervo Energy founded?

Fervo Energy was founded in 2017.

Where is Fervo Energy headquartered?

Fervo Energy is headquartered in Houston, Texas, United States.

What industry is Fervo Energy in?

Fervo Energy operates in Geothermal, Renewable Energy.

How many employees does Fervo Energy have?

Fervo Energy has 51-200 employees.

Fervo Energy

IPO

Next-Generation Geothermal Projects

Houston, United States · Founded 2017 · $1.1B raised

Geothermal

Renewable Energy

Headquarters: Houston, Texas
Employees: 51–200
Founded: 2017
Business Model: B2B

Website: fervoenergy.com
Total Funding: $1.1B
Last Round: $462.0M Series EDec 2025
Rounds: 6

About

Fervo pioneers enhanced geothermal systems using horizontal drilling and fiber optic sensing to unlock vast clean energy resources. Developing large-scale projects like Cape Station in Utah.

Summary

Fervo Energy is a Geothermal company based in Houston, United States, founded in 2017. It has raised $1.1B in total across 6 rounds, most recently a $462.0M Series E round in Dec 2025. Investors include B Capital Group, Devon Energy and DCVC (Data Collab).